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Old 02-01-2010, 01:53 PM
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Default I need the advice of a Real Estate Agent or Lawyer...

...PLEASE!!!!!! Foreclosure !!!!? Hello...We have a mortgage on a home in Debary, Florida that is not worth what we owe. We also have a home in Howard, Ohio. My question is...they are separate mortgages but Charles Schwab is the mortgage holder of the both and the house in Florida we are thinking that we will have to foreclose on. Will they (the bank) place a lien on the second home in Ohio? Would we have to sell the second home in Ohio first before entering a foreclosure or will be be able to keep the home in Ohio without worry of the bank placing a lien or trying to take the Ohio home. Please advise. Thanks so much, Stacy
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